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Grace Corporation, whose required rate of return is 13%. is considering the purchase of a new piece of equipment. The internal rate of return of

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Grace Corporation, whose required rate of return is 13%. is considering the purchase of a new piece of equipment. The internal rate of return of the project, which has a life of 13 years, is 16%. The project would have: Muitigle Choice an accounting rate of return greater than 13% a net present value greater than zero. a poyback period mare than 13 years a fet present value of zcro

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